Originally Posted by
veryoldchinahand
I don't believe so Menelaus. Your justification for this rather empty remark is what may I ask ?
BuzzBox I don't for a moment disagree that Cathay only offered very enticing expat packages in order to attract needed pilots. It is what what expanding businesses do and to a degree this happing again now.
It rather astounds me that many of you here cannot seem to grasp that Cathay is a business not a government department and as such has a first obligation to share holders to do what is needed to survive in the very difficult prevailing circumstances.
No amount of whining and foot stamping here is going to change that and as any impartial observer would be bound to conclude Cathay is done a much better job of looking after is employees, preserving jobs and keeping the airline going than most .
Of course its not easy or 'fair' but then it never was.
If survival is the basis for your argument VOCH maybe you could have a word with our CEO, Tang concurs, and puts it plainly: “The sur*vivability of Cathay Pacific has never been on my mind.” and while you are, explain to him that a temporary reduction in earnings would probably have been accepted by most.
What you have witnessed VOCH, is a smash and grab, it is a strategy put in place by some senior leaders and it appears to be failing. Will management now need to cover their short?